It’s the most dangerous thing we do everyday, we carry liability insurance through our personal auto policy.

I like it more than others because the prospective tenants can upload all of their docs into the system and it auto checks things and auto emails their recommendations to confirm. 

I then suggest setting up a bank account where there is auto pay.

Since then, Chewy, Auto Zone, AT&T, Dollar Tree have all built distribution centers in the area. 

How will you collect rent when the building's mechanicals are stolen again?

Check for cracks in the foundation, condition of the mechanicals, any water coming into the basement, etc. 

I even pay a fractional revenue manager to also check it on top of the software auto updates. 

I suggest having smart TVs and let them log into their own accounts, preferably with a guest mode so they auto-log out after a certain number of days.For catering to families, I would concentrate on providing amenities like puzzles and games. 

We get free leads every single day on auto-pilot.Also, you are not looking for distressed properties.You are looking for motivated sellers.

My perspective was from a small business private lender rather than RE lending, but the mechanics were largely the same.